Reserves.
NYC Admin. Code § 11-1612
in effect§ 11-1612 Reserves.
In cases where the seller or supplier or the retailer has applied for a fund and has instituted a proceeding under article seventy-eight of the civil practice law and rules to review a determination adverse to him or her on his or her application for refund, the comptroller shall set up appropriate reserves to meet any decision adverse to the city.
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-13439Fetched: 10/24/2026
